Journal of Undergraduate Research
Keywords
foreign companies, US stock markets, GAAP
College
Marriott School of Management
Department
Accountancy
Abstract
US Stock markets are stable, highly liquid, and wealthy. To benefit from the resources these markets potentially provide many domestic and foreign companies seek to be listed on a US stock exchange. All companies wishing to list must first register with the Securities and Exchange Commission (“SEC”), which regulates listed companies to protect investors and creditors. The SEC requires companies to produce financial statements that demonstrate their financial health and status. These financial statements must meet standards established in US GAAP (Generally Accepted Accounting Principles). Independent auditors audit the statements and attest whether they comply with GAAP.
Recommended Citation
Wilde, Jaron H.; Black, Dr. Erv; and Johnson, Peter
(2013)
"The Value to Foreign Companies to List on US Stock Markets,"
Journal of Undergraduate Research: Vol. 2013:
Iss.
1, Article 2440.
Available at:
https://scholarsarchive.byu.edu/jur/vol2013/iss1/2440